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October 4, 2013
Lubrizol will build a chlorinated polyvinyl chloride (CPVC) resin and compounding facility at its Louisville, KY, site. The total investment will be $108 million, according to a...
October 4, 2013
EPA has proposed strict carbon emissions standards for new power plants, spurring criticism from industry groups who accuse the agency of overreaching authority under the Clean Air Act...
October 4, 2013
Enterprise Products Partners has announced two projects that will double its capacity for the export of liquefied petroleum gas (LPG) on the US Gulf Coast to over 15 million bbl/month...
October 4, 2013
Earnings for producers with fiscal quarters ending in August were mixed, as stabilizing market conditions and cost cuts helped offset damage associated with economic weakness, particularly in Europe....
October 4, 2013
Albemarle says it will reduce the number of reporting segments from three to two, effective 1 January 2014....
October 4, 2013
Evogene (Rehovot, Israel), a plant genomics firm in which Monsanto and Bayer hold stakes, filed a registration statement with SEC for a proposed initial public offering worth up to $60...
October 4, 2013
Toray Industries has reached agreement to acquire Zoltek (St. Louis) for $584 million in a bid to enter the market for large-tow carbon fibers, which has applications in automotive and...
October 4, 2013
ACC’s September chemical activity barometer (CAB) is at the highest level since June 2008—forecasting an upside to the US economy and economic expansion into 2015, ACC says. On a...
October 4, 2013
Dow Chemical has signed a formal agreement with YPF to provide $120 million in project financing to develop shale gas in the El Orejano block of Argentina’s Neuquén Province. Dow says the partnership will enable the development of nonconventional gas resources in Argentina and expand its access to a secure, long-term supply of key raw material feedstocks in Mercosur, Dow says....
October 1, 2013
Invista (Witchita, KS) and Ingenza (Edinburgh) say that they will collaborate in the development of new technology for biobased processes for manufacturing industrial chemicals. The...
October 1, 2013
Huntsman says that is plans to refocus its surfactants business in Europe. The company plans to move away from various surfactants assets that have become commoditized and will focus...
September 20, 2013
Invista says it is considering constructing a combined hydrogen and anhydrous ammonia plant, valued at more than $500 million, within the company’s nylon-6,6 intermediates production site at Victoria, TX. The plant is expected to produce more than 400,000 m.t./year of ammonia and could be operational in 2017, pending final approvals, permits, and authorizations, Invista says....
September 20, 2013
LyondellBasell Industries says that it has entered into a new contract with CEO James Gallogly, effective 14 May 2014. The company has also announced the promotion of two senior...
September 20, 2013
Praxair has started up a 135 million-standard cubic feet/day (scfd) hydrogen plant at Valero’s St. Charles refinery, at Norco, LA, as part of a long-term supply agreement. Also...
September 20, 2013
Walmart has announced a plan to phase out 10 hazardous chemicals in cleaning, personal-care, and cosmetic products sold at the store, although the company did not disclose the specific chemicals....
September 20, 2013
BASF plans to build a $42-million polyurethane (PU) systems house at Geismar, LA, the company announced on 12 September. BASF expects to begin construction in the second quarter of...
September 20, 2013
State-owned Petroquímica de Venezuela (Pequiven; Caracas) will invest $4 billion to build new polymer plants in western Venezuela. Pequiven estimates that it will nearly triple...
September 20, 2013
Ferro has raised its 2015 earnings target to $1/share or higher, up from 90 cts–$1/share previously, citing the expected benefit from an effort to improve procurement processes...
September 20, 2013
Petróleos Mexicanos (Pemex; Mexico City) and Mexichem (Tlalnepantla, Mexico) have formally agreed to terms of a previously announced joint venture to produce vinyl chloride...
September 20, 2013
OPX Biotechnologies (OPXBio) a Boulder, CO–based industrial biotechnology firm working with Dow Chemical to bring biobased acrylic acid to market, expects to begin a major scale-up of process technology in 2014 with commercial-scale operations targeted for 2017....
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